Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 7, 249, Hermit Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 653 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, 249, Hermit Road is £324,927 and the estimated rental value is £2,023 per month.
The apartment is within 249, Hermit Road, London, E16.
Hermit Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 7, 249, Hermit Road has a single entry in the Land Registry from June 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 7, 249, Hermit Road is in very good condition we estimate a sale value of £341,174 and a rental value of £2,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,182 and a rental value of £1,881 per month.
Over the last 12 months the sale value of Flat 7 249 Hermit Road has decreased by an estimated £10,332 (3.2%) and its rental value has increased by an estimated £117 per month (5.8%), giving an expected gross yield of 7.5%.
According to HM Land Registry, Flat 7, 249, Hermit Road was last sold on 12th June 2020 for £345,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2020, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 249, Hermit Road within a radius of 450 metres over the last 2 years.
The most recent example is 53, Turnstone Close, London, E13 0HW, a leasehold flat which sold for £280,000 on the 22nd August 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hermit Road, London, E16 has a total of 218 addresses. According to our analysis of all the public data, Flat 7, 249, Hermit Road is the 103rd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in E16.
The nearest school is Eastlea Community School which is 270 metres away. The nearest train station is West Ham which is 700 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
